• Resolved rakshitsukanta

    (@rakshitsukanta)


    Hello Team,
    First of all congratulation for making this awesome plugin.

    I have searched a lot in your forums and could not found any specific solution for TCS (Tax Collected at Source) rules for GST, which is mandatory for Indian Marketplace sellers at rate of 1% on Total Order Value (including all charges like product GST rates, gateway fees, shipping fees, marketplace commission and all other fixed charges if applicable with associated Service GST at 18%).

    This TCS will be divided by 2 and will go to State and Central GST which is payable on 10th next month accordingly.

    One of your support solution said to collect this charge as Withdrawal fee, but this is not possible because TCS is applied on Total Invoice value inc. all.

    Let me give a simple example comparing our marketplace with Amazon India >>
    For example:
    Mr. Sukanta is a trader who sells his ready-made clothes online on Amazon India. He receives an order for Rs 10, 000 inclusive of tax and commission. Amazon charges a commission of Rs 200 (20%). Amazon would, therefore, need to deduct 1% tax (TCS) on the amount, including the money paid as commission (Rs. 200) and GST ( Rs. 1800 when GST @18%). Amazon would thus be deducting tax for Rs 100 (1% of Rs. 10000).

    As per this example we as marketplace owner need to Deduct 1% i.e. Rs. 100/- as TDS from Seller Commission from Total Invoice amount which will reflect as TCS (1%) in the Withdrawal Commission Invoice and Seller will be notified. Also Admin can generate this report of total TCS of each Seller on following month from report dashboard to submit this Tax.

    Please help if this possible in anyway either as code snippet or custom work.

    Thanks
    Sukanta.

Viewing 9 replies - 1 through 9 (of 9 total)
  • Thread Starter rakshitsukanta

    (@rakshitsukanta)

    Reference link of complete overview of TCS rules can be found here for your understanding
    https://taxguru.in/goods-and-service-tax/tax-collected-source-tcs-gst.html

    Plugin Author WC Lovers

    (@wclovers)

    As per this example we as marketplace owner need to Deduct 1% i.e. Rs. 100/- as TDS from Seller Commission from Total Invoice amount which will reflect as TCS (1%) in the Withdrawal Commission Invoice and Seller will be notified. Also Admin can generate this report of total TCS of each Seller on following month from report dashboard to submit this Tax.

    – WCFM has “Commission Tax Deduct” option. Setup this – https://ibb.co/60dYRXg

    Thread Starter rakshitsukanta

    (@rakshitsukanta)

    Hello WC Lovers, if this was the solution I would not asked you or write a long description above. Please consider reading thoroughly before posting a reply.

    Someone in this previous support request asked about the same and he figured out a way but unfortunately the code snippet provided by him is showing an error unexpected ‘–’ (T_STRING) . Also, you replied this:

    When i try to add your code, this work only when i have 1 product in the order.
    Your code do not work when different product are sell at the same time.

    – Are you talking about different products from different vendors? Or, multiple products from same vendor?

    Please provide a solution.

    We will need 4 of your paid plugins for our project and currently in doubt about your support. Previously support was excellent as your scripts but now a days we can see support is almost denying everywhere (Your fourm. here, FB Group and email responses). Are you guys going to end this project?

    Plugin Author WC Lovers

    (@wclovers)

    Someone in this previous support request asked about the same and he figured out a way but unfortunately the code snippet provided by him is showing an error unexpected ‘–’ (T_STRING) . Also, you replied this:

    – This is no more required.

    We will need 4 of your paid plugins for our project and currently in doubt about your support. Previously support was excellent as your scripts but now a days we can see support is almost denying everywhere (Your fourm. here, FB Group and email responses). Are you guys going to end this project?

    – NO. In general we replied support queries within 24-48 hours. But right now ticket numbers are much higher than our control so replies are getting delayed.

    @rakshitsukanta @xyzmurali Hey guys

    Can you pls share the code for TCS (extra 1% addition to total tax ) to be visible under the withdrawal invoice.

    @wclovers @rakshitsukanta have you solved the problem for TCS??

    Plugin Author WC Lovers

    (@wclovers)

    Use this snippet – https://gist.github.com/sushobhan-pal/d3ed960d0bf7f9b3b9d35aae27110e50

    Add custom code(s) to your child theme’s functions.php
    In case you do not have child theme then add those using this plugin – https://wordpress.org/plugins/code-snippets/

    @wclovers you should update everything related to tax in your plugin

    • This reply was modified 3 years, 7 months ago by krajesh1.
    Plugin Author WC Lovers

    (@wclovers)

    WCFM does not have any special Tax setting. This works as per WooCommerce Tax setting.

Viewing 9 replies - 1 through 9 (of 9 total)
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